Equity Analysis /
Pakistan

Meezan Bank: 2QCY21 analyst briefing takeaways

  • Brick-and-mortar network continues to remain relevant, 100 branches targeted by end-Dec’21.

  • Transaction volumes in digital channels have jumped. Number#1 in transactions through 1Link in Pakistan.

  • MEBL remains comfortable on capital (CAR: 18.67%, T1: 14.51%), with ROE rising to 34.7% in 1HCY21.

Yusra Beg
Yusra Beg

Senior Investment Analyst

Intermarket Securities
16 August 2021